Hi Captain. I'm at work but the quick response is that I'm questioning my analysis the same as you. Primarily because I assumed that the fed meeting would provide the catalyst to turn things. Everything feels too positive. My shorts are looking pretty sad at the moment.
That said the analysis above is still entirely valid. I.e. I've been talking a 9 week counter trend to peak this week. Still valid.
I've said can come in up to two weeks late before it's invalid.
Even price targets are still valid.
So my analysis stands. Just today is the first day I'm really starting to question it. I'm holding all my positions until tuesday next week at least to see US Monday opens.
will assess further later.
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